Investment Criteria
What gets our attention, and what does not.
Criteria
- Understandable business model
- Evidence of demand
- Clear route to sustainable cash flow
- Opportunity for measurable improvement
- Reasonable entry valuation
- Manageable regulatory and operational risk
- Capable management, or a credible management solution
- Potential for eventual refinance, dividend yield or exit
Size and stage
We focus on smaller and lower-middle-market opportunities, including transactions and growth situations typically up to approximately £2 million in enterprise value or capital requirement, subject to mandate and opportunity.
| Dimension | Focus |
|---|---|
| Geography | United Kingdom, with selected opportunities connected to Zimbabwe, South Africa and Botswana |
| Size | Up to approximately £2 million enterprise value or capital requirement |
| Stage | Established and revenue-generating; early-stage only where we are building the venture ourselves |
| Sectors | Healthcare and social care, logistics, business services, property, agriculture, industrial |
| Position | Control, significant minority or joint venture |
| Involvement | Active — reporting, KPIs and a value-creation plan from the outset |
What we tend to decline
- Pre-revenue concepts without a route to cash
- Businesses dependent on a single unrepeatable contract
- Situations where the price expectation is unsupported by earnings
- Regulated activities we are not permitted to conduct
- Opportunities requiring capital we cannot commit within the timeframe
- Anything where the information provided cannot be verified
How to submit an opportunity
Send a short outline through the Seek Investment form: what the business does, revenue and EBITDA, capital required, use of funds, shareholders and the growth plan. We will tell you whether it fits before asking for anything further.
Start a confidential conversation
Whether you are preparing to sell, looking to acquire, raising capital or trying to lift the value of a business you already own, the first step is a short, confidential discussion about the situation.